# The Value Added Tax (Finance) (EU Exit) (Revocation) Order 2019

S.I. 2019/1014 · made 12 June 2019

This Order revokes the Value Added Tax (Finance) (EU Exit) Order 2019 (‘the Finance Order’).

Made under: Value Added Tax Act 1994 (Section 31, Section 96)

PDFs: Printed copy https://openlegislation.uk/value-added-tax-finance-eu-exit-revocation-order-2019/pdf/uksi_20191014_en.pdf; UK Explanatory Memorandum https://openlegislation.uk/value-added-tax-finance-eu-exit-revocation-order-2019/pdf/uksiem_20191014_en.pdf

## Introductory text

Exiting The European Union
Value Added Tax
Made 12th June 2019
Laid before the House of Commons 13th June 2019
Coming into force 8th July 2019
The Treasury make the following Order in exercise of the powers conferred by sections 31(2) and 96(9) of the Value Added Tax Act 1994.

## 1 Citation and commencement

This Order may be cited as the Value Added Tax (Finance) (EU Exit) (Revocation) Order 2019 and comes into force on 8th July 2019.

## 2 Revocation of the Value Added Tax (Finance) (EU Exit) Order 2019

The Value Added Tax (Finance) (EU Exit) Order 2019 is revoked

## Signature

Jeremy Quin
David Rutley
Two of the Lords Commissioners of Her Majesty’s Treasury
12th June 2019

## Explanatory note

(This note is not part of the Order)
This Order revokes the Value Added Tax (Finance) (EU Exit) Order 2019 (‘the Finance Order’).
The Finance Order would have extended the scope of the United Kingdom’s exemption for the management of pension funds with effect from Exit Day to reflect the scope of the exemption under European Union law. This would have ensured that UK taxpayers could continue to exempt their supplies under UK law once they were no longer able to rely on the direct effect of EU law.
The Finance Order is being revoked as a decision has been made to make these changes in another instrument which will come into force with effect from a specified date to provide certainty to business.
A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sectors is foreseen.

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Source: https://www.legislation.gov.uk/uksi/2019/1014 (the official version)
Page: https://openlegislation.uk/value-added-tax-finance-eu-exit-revocation-order-2019
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.